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28-Mar-2025 14:37 Hrs IST

Bondada Engineering soars as its arm secures work order from M/s. SR Power Systems India

Bondada Engineering is currently trading at Rs. 382.00, up by 10.35 points or 2.78% from its previous closing of Rs. 371.65 on the BSE.

The scrip opened at Rs. 372.05 and has touched a high and low of Rs. 390.20 and Rs. 372.05 respectively. So far 297400 shares were traded on the counter.

The BSE group 'M' stock of face value Rs. 2 has touched a 52 week high of Rs. 753.98 on 28-Aug-2024 and a 52 week low of Rs. 170.40 on 28-Mar-2024.

Last one week high and low of the scrip stood at Rs. 434.40 and Rs. 371.65 respectively. The current market cap of the company is Rs. 4217.34 crore.

The promoters holding in the company stood at 63.33%, while Institutions and Non-Institutions held 1.05% and 35.62% respectively.

Bondada Engineering’s subsidiary -- M/s. Bondada Green Engineering has secured a work order from M/s. SR Power Systems India for supply of 220KV MS tower parts to be delivered at Mancherial, Telangana. The order is valued at Rs 4.91 crore and to be executed within one week after receiving drawing approval.

Bondada Engineering engaged in the business of providing engineering, procurement and construction (EPC) services and operations and maintenance (O&M) services to its pan India customers operating in telecom and solar energy industry. 

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